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Technology Stocks : PairGain Technologies

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To: Bill who wrote (22930)4/14/1998 4:31:00 PM
From: Doug Bean  Read Replies (1) of 36349
 
YEP , JUNK QUARTER.
Up in sales , up in profits, gross margins increased to 51% vs 49%
increased cash holdings 11 million to $188 million on hand and announced a very important alliance with the leading modem/chip supplier in the world.
Yep,, they gotta do sumthun more to impress us guys.

Seriously ,, a lot of money was made today.. Over 8 million shares were bought by someone who thought it was priced too low.
By the way those shares were not bought 100 or 500 at a time,, they were bought by the big people who scared you out of your shares.
Good luck to all you who held fast .
CRDoug
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